Topics Covered in Official Text

Designed to test the candidate’s first-hand knowledge of cloud basics as well as make you better functional analysts, this test has been created to demonstrate that you are an expert analyst who's capable of setting up and configuring financial management and relative tools for the improvement of efficiency in various industries. In particular, the topics to be covered in this test are:

• Monitoring fixed assets & budgeting.
• How to manage and execute accounts that are payable in addition to expenses;
• Putting into operation credit, varied accounts receivable, collections, and recognition for the revenue;
• The configuration & setup of finance management;

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

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Implementing Accounts Receivables, Collections, Credits, and Revenue Recognitions (20-25%):

• Manage and implement account receivable: this subject area comes with the individuals’ competence in setting up customer posting profiles; configuring and processing free text invoices; processing orders, invoices & payments; configuring customer payment setup; configuring account receivable charges;
• Configure the revenue recognition: this module covers competence in implementing revenue schedules; entering and processing revenue recognition transactions; configuring journals & parameters or revenue recognition.
• Manage collections and credits: this section requires your skills in configuring credit management procedures; configuring collections management procedures; managing delinquent customers; preparing and sending customer account statements; managing customer credit holds and credit limits; setting up and processing interest notes and collection letters;

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Microsoft MB-310 Exam Syllabus Topics: